InvestorsHub Logo
Followers 25
Posts 1934
Boards Moderated 0
Alias Born 08/17/2009

Re: None

Wednesday, 08/04/2010 8:45:43 AM

Wednesday, August 04, 2010 8:45:43 AM

Post# of 60
"CICI News" CIC Signs Agreement With CSC to Extend Electronic Signature Solutions Into Multiple Platforms

http://www.prnewswire.com/news-releases/cic-signs-agreement-with-csc-to-extend-electronic-signature-solutions-into-multiple-platforms-99931839.html

New Agreement Expands Electronic Signature into Banking, and Insurance Platforms, Including CSC's Celeriti

REDWOOD SHORES, Calif., Aug. 4 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: CICI) Communication Intelligence Corporation ("CIC") a leading supplier of electronic signature solutions for business process automation in the financial industry* and the recognized leader** in biometric signature verification announced today that CSC (NYSE: CSC) a leading information technology services company has signed an agreement whereby CIC's full suite of electronic signature technology will be incorporated into Celeriti™, CSC's new end-to-end suite of modern enterprise banking, payments, lending, cards and merchant products as well as into certain components of CSC's extensive portfolio of insurance processing systems.

Under the agreement, CSC will be able to provide the essential technology components to effectively serve large, medium and small organizations needing electronic signature capabilities. From concept to execution, CSC focused on the core pillars of customer experience when selecting a partner. These included brand, customer interface, and innovation relative to its customers' needs for sales, customer retention, and the ability to cross sell. Banks, and other financial services firms, can continue to look to CSC to help them modernize, run and maintain their systems and infrastructure to achieve their growth, stability, security and cost reduction objectives.

"Our banking industry clients are increasingly seeking electronic signature solutions," said John Dickson, President of CSC's Banking and Credit Services Division. "With this alliance, we have combined the experience of two market leaders to offer a more cost-effective, secure and efficient process for signing new loan applications, opening new accounts and fulfilling service requests."

As part of its IT modernization framework, CSC's vision for its new suite of Celeriti products, components and services includes the extension of critical components of its architecture through electronic signature. CIC's SignatureOne® Ceremony® Server is the answer. CIC's electronic signature technology is designed to enable a bank to grow and change with the times. The need for incremental, staged business innovations and improvements that provide improved customer service through well designed processes, and innovative products are needed to foster growth in a stagnant economy, where cost reductions are the rule.

"Innovation is the lifeblood of any company large or small seeking to introduce new ideas and products that ultimately improve our clients' ability to serve their customers and grow. In this age of complex social media, mobile banking and payments, it was important for CSC to select a partner that could handle a multiplicity of implementation scenarios," said Paul Leadbetter, CSC's Global CTO for Banking and Credit Services Division. "CSC recognized CIC as a leader in providing this critical component of its SOA architecture, providing connectivity that could be seamlessly branded across an entire enterprise to provide a consistent level of customer service and compliance."

"Teaming with CSC represents the next step in our continuous efforts to truly deliver end-to-end solutions and services to meet the diverse needs of financial services organizations," stated Guido DiGregorio, CIC's Chairman & CEO. "We are now able to offer the industry a complete hosted or on-premise solution and an automated process that results in greatly expedited response times. We look forward to working with CSC and to extending our electronic signature technology to enhance CSC's other financial services platforms."

"Electronic signature is a critical component of most modernized workflow environments. CSC understands the need to offer flexibility, scalability, and adaptability in its integrated solutions," stated Beth Selling, CIC's Vice President, Channel Development & Partner Sales. "CSC has the expertise and understanding of the banking and insurance systems, and the professional services and consulting organizations to assist in designing and implementing quality technology improvements. CIC's technology coupled with CSC's new Celeriti framework technologies provides a powerful combination capable of addressing most paperless processing requirements for a modern financial services organization."